Accounts

Contract Specifications

We at ICM Capital strive to be the world's best Forex broker andstrive to offer you the very best Forex and CFDs trading conditions. Please see below the contract specifications and terms and conditions for all products offered at ICM Capital.

i. All times are based on ICM Capital Server timeii. Min and Max Lots per trade: 0.01 lots - 50 lotsiii. ICM Direct account requires no minimum limits/stops required to enter the marketiv. Subject to change without prior notice

Symbol

Description

Contract size

Spread

Pip Value

Spread on orders from the market price

Margin Req.

MMM

3M Company

1,000 Shares

25

10

10 Cents

$4,000

AIG

American International Group

1,000 Shares

25

10

10 Cents

$4,000

BA

Boeing Corp

1,000 Shares

25

10

10 Cents

$4,000

CAT

Caterpillar Inc.

1,000 Shares

25

10

10 Cents

$4,000

C

Citigroup Inc.

1,000 Shares

25

10

10 Cents

$4,000

GE

General Electric Co

1,000 Shares

25

10

10 Cents

$4,000

IBM

International Business Machines

1,000 Shares

25

10

10 Cents

$4,000

MSFT

Microsoft Corporation

1,000 Shares

25

10

10 Cents

$4,000

PFE

Pfizer Inc.

1,000 Shares

25

10

10 Cents

$4,000

DIS

Walt Disney Company

1,000 Shares

25

10

10 Cents

$4,000

Day

Open

Close

Monday

14:31

20:59

Tuesday

14:31

20:59

Wednesday

14:31

20:59

Thursday

14:31

20:59

Friday

14:31

20:59

Ticker

Description

Contract size

Margin Req.

Pip Value

Limits/stops pending orders can be placed from market price

Fixed Spread

APPL

Apple Inc

1,000 Shares

$4,000.00

10

15 pips

35 Cents

GOOGL

Google Inc

1,000 Shares

$4,000.00

10

15 pips

120 Cents

Day

Open

Close

Mon

14:31

20:59

Tue

14:31

20:59

Wed

14:31

20:59

Thu

14:31

20:59

Fri

14:31

20:59

i. All above instruments are on market executionii. Fully Automatediii. All times are based on ICM Capital Server timeiv. Subject to change without prior noticev. No commission charged for all above products

Ticker

Description

Contract size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

@CL

OTC Light Sweet Crude Oil Future

1,000 Barrels

$1,000

0.01

$10.0

15 Cents

4

Day

Open

Close

Re-Open

Sun

23:00

Mon

22:00

23:00

Tue

22:00

23:00

Wed

22:00

23:00

Thu

22:00

23:00

Fri

22:00

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

DEC

@CL_Z6

12-Oct-16

18-Nov-16

JAN

@CL_F7

11-Nov-16

19-Dec-16

FEB

@CL_G7

12-Dec-16

19-Jan-17

MAR

@CL_H7

12-Jan-17

20-Feb-17

APR

@CL_J7

13-Feb-17

20-Mar-17

MAY

@CL_K7

13-Mar-17

19-Apr-17

JUN

@CL_M7

12-Apr-17

19-May-17

JUL

@CL_N7

12-May-17

19-Jun-17

AUG

@CL_Q7

12-Jun-17

19-Jul-17

SEP

@CL_U7

12-Jul-17

21-Aug-17

OCT

@CL_V7

14-Aug-17

19-Sep-17

NOV

@CL_X7

12-Sep-17

19-Oct-17

DEC

@CL_Z7

12-Oct-17

17-Nov-17

Ticker

Description

Contract size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

@NG

OTC E-Mini Natural Gas Henry Hub Future

10,000 mbtu

$2,500

0.001

$10.0

50 Cents

5

Day

Open

Close

Re-Open

Sun

23:00

Mon

22:00

23:00

Tue

22:00

23:00

Wed

22:00

23:00

Thu

22:00

23:00

Fri

22:00

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

DEC

@NG_Z6

19-Oct-16

25-Nov-16

JAN

@NG_F7

18-Nov-16

27-Dec-16

FEB

@NG_G7

20-Dec-16

26-Jan-17

MAR

@NG_H7

19-Jan-17

23-Feb-17

APR

@NG_J7

16-Feb-17

28-Mar-17

MAY

@NG_K7

21-Mar-17

25-Apr-17

JUN

@NG_M7

18-Apr-17

25-May-17

JUL

@NG_N7

18-May-17

27-Jun-17

AUG

@NG_Q7

20-Jun-17

26-Jul-17

SEP

@NG_U7

19-Jul-17

28-Aug-17

OCT

@NG_V7

21-Aug-17

26-Sep-17

NOV

@NG_X7

19-Sep-17

26-Oct-17

DEC

@NG_Z7

19-Oct-17

27-Nov-17

Ticker

Description

Contract size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

@BR

OTC Brent Crude Future

1,000 Barrels

$1,000

0.01

$10.0

15 Cents

5

Day

Open

Close

Mon

01:01

21:59

Tue

01:01

21:59

Wed

01:01

21:59

Thu

01:01

21:59

Fri

01:01

21:59

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

Dec

@BR_Z6

21-Sep-16

28-Oct-16

JAN

@BR_F7

21-Oct-16

29-Nov-16

FEB

@BR_G7

22-Nov-16

28-Dec-16

MAR

@BR_H7

21-Dec-16

30-Jan-17

APR

@BR_J7

23-Jan-17

27-Feb-17

MAY

@BR_K7

20-Feb-17

30-Mar-17

JUN

@BR_M7

23-Mar-17

27-Apr-17

JUL

@BR_N7

20-Apr-17

30-May-17

AUG

@BR_Q7

23-May-17

29-Jun-17

SEP

@BR_U7

22-Jun-17

28-Jul-17

OCT

@BR_V7

21-Jul-17

30-Aug-17

NOV

@BR_X7

23-Aug-17

28-Sep-17

DEC

@BR_Z7

21-Sep-17

30-Oct-17

i. All above instruments are on market executionii. All times are based on ICM Capital Server timeiii. Subject to change without prior noticeiv. No commission charged for all above products

Ticker

Description

Contract Size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

@ES

OTC E-Mini S&P 500 Index Future

50$ X Index Value

$1,000

0.25

12.5

50 Cents

0.75

Day

Open

Close

Sun

23:00

Mon

22:15

Tue

22:15

Wed

22:15

Thu

22:15

Fri

22:15

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

DEC

@ESZ16

08-Sep-16

15-Dec-16

MAR

@ESH17

8-Dec-16

16-Mar-17

JUN

@ESM17

9-Mar-17

15-Jun-17

SEP

@ESU17

8-Jun-17

14-Sep-17

DEC

@ESZ17

7-Sep-17

14-Dec-17

Ticker

Description

Contract Size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

DJ

OTC Dow Jones Futures

$10 per full point

$1,000

1 point

$10

10 Points

3

Day

Open

Close

Sun

23:00

Mon

22:15

Tue

22:15

Wed

22:15

Thu

22:15

Fri

22:15

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

DEC

@DJZ16

8-Sep-16

15-Dec-16

MAR

@DJH17

8-Dec-16

16-Mar-17

JUN

@DJM17

9-Mar-17

15-Jun-17

SEP

@DJU17

8-Jun-17

14-Sep-17

DEC

@DJZ17

7-Sep-17

14-Dec-17

Ticker

Description

Contract Size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

@YM

OTC Mini Dow Jones

$5 per full point

$1,000

1 point

$5

10 Points

3

Day

Open

Close

Sun

23:00

Mon

22:15

Tue

22:15

Wed

22:15

Thu

22:15

Fri

22:15

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

DEC

@YMZ16

8-Sep-16

15-Dec-16

MAR

@YMH17

8-Dec-16

16-Mar-17

JUN

@YMM17

9-Mar-17

15-Jun-17

SEP

@YMU17

8-Jun-17

14-Sep-17

DEC

@YMZ17

7-Sep-17

14-Dec-17

Ticker

Description

Contract Size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

@NQ

OTC E-mini NASDAQ

$20 per full point

$1,000

0.25

$5

10 Points

0.75

Day

Open

Close

Sun

23:00

Mon

22:15

Tue

22:15

Wed

22:15

Thu

22:15

Fri

22:15

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

DEC

@NQZ16

8-Sep-16

15-Dec-16

MAR

@NQH17

8-Dec-16

16-Mar-17

JUN

@NQM17

9-Mar-17

15-Jun-17

SEP

@NQU17

8-Jun-17

14-Sep-17

DEC

@NQZ17

7-Sep-17

14-Dec-17

Ticker

Description

Contract Size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

F100

OTC FTSE 100 Index Future

GBP 10 X FTSE 100 Index

$2,500

0.50 Points

5 GBP

5 Index points

100

Day

Open

Close

Mon

7:00

21:00

Tue

7:00

21:00

Wed

7:00

21:00

Thu

7:00

21:00

Fri

7:00

21:00

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

DEC

F100-Z16

8-Sep-16

15-Dec-16

MAR

F100-H17

8-Dec-16

16-Mar-17

JUN

F100-M17

9-Mar-17

15-Jun-17

SEP

F100-U17

8-Jun-17

14-Sep-17

DEC

F100-Z17

7-Sep-17

14-Dec-17

Ticker

Description

Contract Size

Margin Req.

Min. Fluctuation

Pip Value

Limits/stops pending orders can be placed from market price

ICM Typical spread

DAX

OTC DAX Index Future

EUR 25 X DAX Index

$2,500

0.50 Points

EUR 12.50

5 Index points

400

Day

Open

Close

Mon

7:00

21:00

Tue

7:00

21:00

Wed

7:00

21:00

Thu

7:00

21:00

Fri

7:00

21:00

Contract Expiry Date

Trading Month

Symbol

Starting Date

Expiry Date

Dec

DAX-Z16

8-Sep-16

15-Dec-16

MAR

DAX-H17

8-Dec-16

16-Mar-17

JUN

DAX-M17

9-Mar-17

15-Jun-17

SEP

DAX-U17

8-Jun-17

14-Sep-17

DEC

DAX-Z17

7-Sep-17

14-Dec-17

i. All above instruments are on market executionii. All times are based on ICM Capital Server timeiii. Subject to change without prior noticeiv. No commission charged for all above products

Symbol

Description

Contract Size

Tick Size

Tick Value

Margin Percent

#BRENT

UK Brent Oil Spot CFD | 1 USD

100

0.001

0.1

2

#WTI

WTI Crude Oil Spot CFD | 1 USD

100

0.001

0.1

2

#DOW30

US Dow30 Spot Index CFD | 1 USD

1

0.1

0.1

2

#Euro50

Euro Stoxx 50 Spot Index CFD | 1 EUR

1

0.01

0.01

2

#Germany30

Germany DAX30 Spot Index CFD | 1 EUR

1

0.1

0.1

2

#Japan225

Japan Nikkei225 Spot Index CFD | 1 USD

1

0.1

0.1

2

#UK100

UK FTSE100 Spot Index CFD | 1 GBP

1

0.1

0.1

2

#US500

US S&P500 Spot Index CFD | 1 USD

1

0.01

0.01

2

#USTech100

US NASDAQ100 Spot Index CFD | 1 USD

1

0.1

0.1

2

#France40

France CAC40 Spot Index CFD | 1 EUR

1

0.1

0.1

4

#ITL40

Italy 40 Spot Index CFD | 1 EUR

1

0.1

0.1

4

#Spain35

Spain IBEX35 Spot Index CFD | 1 EUR

1

0.1

0.1

4

#Swiss20

Swiss 20 Spot Index CFD | 1 CHF

1

1

1

4

i. Min and Max Lots per trade: 1 lot - 5000 lots

Swap Policy

ICM Capital offers Islamic accounts to clients following the Muslim faith. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.

ICM Capital reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM Capital will invoke this right in case of suspicion of abuse, in which case ICM Capital may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP.

Market Execution

With Market Execution, your order is matched within seconds and sent for execution via liquidity generated through ICM Direct offering you maximum price efficiency. There is no central exchange in the Forex market, meaning liquidity is accumulated via major Tier 1 global banks and top liquidity providers. With Market Execution you get the best available price currently on the market, what’s more there is an opportunity to open the order at a better price, this is known as positive slippage. Keep in mind, this could mean that your order is filled at a different price to the one originally shown.

Instant Execution

Having different order execution types to choose from allows you to diversify the way you trade. With Instant Execution, you specify the exact price you want to execute your trade at. If the desired price is available, ICM Capital will immediately execute the order for you. Due to the speed of the Forex market there is a possibility that the price has moved, in which case the order is not filled and you will receive a new price, this is known as a requote. If this is the case you will have the option to place a new order according to new market prices or skip that trade.

CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spot FX work, and whether you can afford to take the high risk of losing your money. Read More